New buildings in Yalova
Location and climate
Yalova is a city in northwestern Turkey, near the eastern coast of the Sea of Marmara. The climate is Mediterranean, with cool, wet winters and hot, relatively dry summers. The average temperature of the coldest month is +6.5°С, the average temperature of the warmest month is +23.7°С.
Why is it profitable to buy an apartment in Yalova in a new building?
Yalova is a large balneological resort in Turkey, 100 km from Istanbul. The water temperature in the springs is about 60 degrees. Today, Yalova is called one of the most modern Turkish resorts with thermal waters. Tourists from all over the world come here to undergo wellness procedures, since the local water contains a large amount of calcium, sodium, sulfur, and silver ions. It can be taken both externally and internally. As a rule, each source is accompanied by a sign for which diseases it is recommended.
The slow pace of life in Yalova, the absence of noisy night discos, the unique nature - all this attracts those who are tired of everyday bustle. The city can welcome tourists all year round, the surrounding area has hiking, jogging and cycling routes through beautiful landscapes, as well as numerous campsites. The city has a historical center with architectural monuments, a cultural center, an indispensable oriental bazaar, as well as a promenade and, of course, beaches.
Yalova University is educating 15,000 students. Education is conducted in various languages (depending on the chosen faculty): in English (management, international relations, Arabic (Islamic sciences) and Turkish (economics, law, art history, international trade and finance, etc.).
The transport infrastructure is at a good level, there is a ferry and a bus from Istanbul to Yalova.
The number of those wishing to invest in the purchase of apartments in new buildings, including foreigners, continues to increase, the demand for apartments in new residential complexes is growing. Most often, foreign investors are interested in residential complexes in Yalova due to their good location and as a second home (retirement living in a beautiful place with the possibility of recovery). Potential to generate income from resale at a later stage, from rental to students, tourists stimulates demand and price growth. It is also important that Yalova real estate in the new buildings is much cheaper than in Istanbul. High-quality materials are used during the construction of new buildings, the projects provide for the availability of infrastructure next to the facility under construction, which is confirmed by customer reviews.
The minimum price per square meter of space in a new building from a developer in Yalova, transferred to the buyer in a black frame condition (in accordance with the information of the GEOLN.COM real estate search engine) is 300 USD.
What to see, where to go in the city and its surroundings
- Open-air museum with architectural monuments of the Greek, Roman, Byzantine and Ottoman eras
- Arboretum Karadzha - landscaped arboretum with Mediterranean plants, lakes, ponds and waterfalls
- Yedi Havuzlar - a waterfall with rapids forming ponds, pomegranate, coniferous trees and many hydrangeas grow along the banks
- Lake Dipsiz (in the village of Chinardzhik)
- Delmece plateau - pastoral landscape
- Vanna Valide and Kursunlu geysers
- Erikli and Sidushen waterfalls
- Furrow of Baba Hassan - natural formation
- Chobankale Apple Castle - the ruins of a Byzantine fortress
- Yuryen Kesk (walking house) - a building built in the Ottoman style
Acquisition of apartments in Yalova from the developers by foreign citizens
The sale of apartments from developers to foreigners is prohibited in military zones and regions considered strategic. These zones are determined by the Ministry of Defense of the Republic of Turkey. Foreign investors can buy apartments from the developers in Yalova without restrictions.
Purchasing an apartment in a new building in Yalova is a promising investment in order to obtain a stable income from rent or resale of the housing, to live in a resort town with a Mediterranean climate by the sea, surrounded by beautiful nature.
Prices per sq. m. in popular districts of Yalova
District | Price from |
---|---|
Bahcelievler Neighborhood | 300$ / m2 |
Kazim Karabekir Neighborhood | 1,410$ / m2 |
Rustempasa Neighborhood | 586$ / m2 |
Siteler | 770$ / m2 |